Seabreeze Boulevard Marina Owners Association, Inc.

What Seabreeze Boulevard Marina Owners Association, Inc.'s governing documents say

This is a declaration of covenants for the Seabreeze Boulevard Marina Owners Association, a boat-slip membership community in Wilmington, NC. It governs the use of a shared boat dock facility and nine boat slips, and applies to owners of certain properties along Seabreeze Boulevard who hold memberships in the association. The document creates two classes of membership: Slip Members (who have exclusive rights to a specific boat slip) and Class A Members (who have only common-area rights).

• Membership types & rights: There are two classes: Slip Members (9 total, each with exclusive license to one boat slip) and Class A Members (9 total, with non-exclusive common-area rights only). Slip Members have one vote per membership (Declarant has two votes per slip). Class A Members must activate their membership by written notice and payment of dues before using common areas.
• Leasing & transfers: Slip Members may not lease or license their membership or boat slip without prior written Board approval. Transfers of Slip Memberships require Board approval and must use the prescribed Transfer of Membership form. Any transfer not complying is voidable by the Declarant or Corporation within 60 days of notice. Class A Members may not lease or license their membership rights.
• Use restrictions: The facility is for recreational boating only; commercial use requires advance Board approval. Overnight stays on vessels are prohibited. No obnoxious or offensive activity is allowed.
• Assessments & fees: The Board sets regular and special assessments. Regular assessments are payable no more frequently than monthly. Special assessments may be levied on Slip Members for capital improvements, dredging, or operating expenses. Late payments incur interest up to 18% per annum and reasonable late fees. Unpaid assessments create a lien on the property and membership, enforceable by foreclosure.
• Maintenance responsibilities: The Corporation maintains the facility (docks, piers, common areas) and arranges maintenance dredging. Each Slip Member is responsible for maintaining, repairing, and replacing their own slip pilings; if jointly owned, costs are split equally.
• Insurance: The Corporation carries property and liability insurance on the facility. Members may insure their own personal property stored at the facility at their own expense.
• Amendment & termination: The declaration runs for 20 years from recording, then auto-renews for 10-year periods unless terminated by written agreement of the Kratsa Property owner and 80% of Slip Member votes. Until Dec 31, 2035, the Declarant may amend unilaterally if it still owns a Slip Membership; thereafter, amendments require a 2/3 vote of Slip Members. No amendment may diminish Declarant's rights without its written consent.
• What this document doesn't cover: This document does not address architectural controls, parking rules, pet policies, or any restrictions on the use of the individual properties (lots) themselves beyond the marina facility. It also does not specify the amount of regular assessments or initiation fees.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.